Primary Business Value System and Disclosures Paradigm Shift: A Literature Review

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DOI: 10.21522/TIJMG.2015.10.01.Art003

Authors : Lindunda Wamunyima

Abstract:

The study sought to contribute to the general body of knowledge and research work in primary business value system (PBVS). The research work also aimed to establish the most prominent types of values from the literature and ascertain how PBVS elements are interconnected, their disclosure and impact on business performance. The concept of business values as a system is relatively new. However, this paper’s purpose is to bridge the various pieces of PBVS knowledge in literature by systematically reviewing a collection of articles on the subject and drawing valuable conclusions relating to the various paradigms or schools of thought. The researcher, for this study, identified and critically reviewed thirty (30) old and recent articles on PBVS that were gathered from highly recognized and profiled research databases, including Google Scholar, Research Gate and Elsevier (database), Persistent themes on the prevalent forms of BVS, their interconnectedness in a business establishment. It became clear that defining PBVS exists because of the systematic connectedness of the core values. There is enough evidence from the literature that when implemented well, PBVS yields effective connectedness of the core values to render a company a unity whole and consequently, make business sense.

Keywords: Business Performance, Business Environment and Business Growth Disclosures, Gri Standards Primary Business Value System (Pbvs).

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